F3 Uranium (CVE:FUU) Shares Up 15.8% – Should You Buy?

F3 Uranium Corp. (CVE:FUU) was up 15.8% during trading on Tuesday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 13,103,027 shares were traded during mid-day trading, an increase of 1,255% from the average daily volume of 966,946 shares. The stock had previously closed at C$0.19.

Analysts Set New Price Targets

Separately, Haywood Securities set a C$0.55 price target on shares of F3 Uranium and gave the stock a “buy” rating in a research note on Friday, January 17th.

F3 Uranium Stock Performance

The company has a quick ratio of 9.14, a current ratio of 19.24 and a debt-to-equity ratio of 17.55. The firm has a 50-day simple moving average of C$0.22 and a 200 day simple moving average of C$0.24. The company has a market cap of C$117.43 million, a price-to-earnings ratio of -4.26 and a beta of 2.37.

About F3 Uranium

F3 Uranium Corp. operates as a uranium project generator and exploration company. The company holds 100% interests in the Clearwater West property that comprises 3 contiguous claims covering 11,786 hectares located in Saskatchewan, Canada; the Patterson Lake North property that consists of 43 claims covering 39,946 hectares situated in Saskatchewan, Canada; the Wales Lake property that comprises 31 claims covering an area of 42,134 hectares located in southwest Athabasca basin; and the Key Lake area portfolio consisting of the Bird Lake, Grey Island, Hobo Lake, Lazy Edward Bay, and Seahorse Lake properties, which comprise 63 claims and 39,933 hectares located in Saskatchewan, Canada.